Niger Delta Power Holding Company Ltd
Niger Delta Power Holding Company Ltd
Disposal through Public Tender
Sale of Unserviceable Cars
1.0 Introduction
Niger Delta Power Holding Company Ltd wishes to dispose its unserviceable cars line with the Public Procurement Act, and Section 2619 of the Federal Government Financial Regulations, 2009. Niger Delta Power Holding Company Ltd has carried out the valuation of the items to be disposed the value of which are the reserved prices.
in view of the above, interested bidders are hereby invited to tender for the sale of the following unserviceable cars.
| S/NO | VEH. MAKE | REG NO | LOT NO | YEAR OF DELIVERY | REMARK |
| 1. | TOYOTA HILUX | XK 714 AKD | LOT1 | 19-06-2006 | |
| 2. | TOYOTA COROLLA | BK 651 AGL | LOT 2 | 03-01-2006 | |
| 3. | TOYOTA COROLLA | AX 517 YAB | LOT 3 | 30-10-2006 | |
| 4. | TOYOTA PRADO | AW 221 BWR | LOT 4 | 28-09-2006 | |
| 5. | TOYOTA COROLLA | AX 553 KWL | LOT 5 | 03-01-2006 | |
| 6. | TOYOTA COROLLA | DP 248 GGE | LOT 6 | 08-11-2006 | |
| 7. | TOYOTA COROLLA | AX 550 KWL | LOT 7 | 03-10-2006 | |
| 8. | TOYOTA COROLLA | AX 514 YAB | LOT 8 | 03-10-2006 | |
| 9. | LAND ROVER | AW 143 GWA | LOT 9 | 03-10-2006 | |
| 10. | TOYOTA HILUX | AE 988 KRV | LOT 10 | 23-10-2007 | |
| 11. | NISSAN TERANO | AW 427 KWL | LOT 11 | 15-03-2007 | |
| 12. | TOYOTA COROLLA | NH 947 KJA | LOT 12 | 24-09-2007 | |
| 13. | TOYOTA COROLLA | AH 523 ABM | LOT 13 | 25-01-2007 |
2.0 Conditions for Bidding:
2.1 Two (2) weeks is given for the inspection of items with the hours of working days at the premises of Niger Delta Power Holding Co. Ltd, 46 Mike Ahigbe Way, Jabi Abuja.
2.2 The winner shall be the highest bidder over and above NDPHC’s reserved prices. In a situation where no bidder meets the reserved price, the (3) highest bidders will be invited to re-bid for them.
2.3 Payment shall be made as follows:
a) 10% of the bid price shall be submitted with the tender as Bid Security in Bankers Cheque payable to Niger Delta Power Holding Company on or before the closing date of submission. please not that each lot shall have it own Bid security separately, hence the cheques should be submitted separately.
b) 90% of the price shall be paid within one (1) week of the offer acceptance by Niger Delta Power Holding Co Ltd
Failure of the winner to complete full payment within (1) week of acceptance of offer by Niger Delta Power Holding Company Ltd will result in the forfeiture of his/her 10% Bid Security and position as the winner after which the next highest bidder with offers above Niger Delta Power Holding Company Ltd reserved prices be considered.
2.4 The Banker’s cheque of all unsuccessful bidders shall be returned except those of the next two highest bidders (being the reserved winners) that shall not be returned until the bidding process is completed and full payment is made by the winner.
2.5 Winner shall take possession of the item and above same out of the premises of Niger Delta Power Holding Co Ltd with one (1) week after full payment, failure of which will attract a demurrage payment of 1% per day of the bid price for a maximum of (2) weeks after which the bid will revert to the next highest bidder, with the initial highest bidder losing his 10% deposit and the equivalent amount incurred on demurrage.
2.6 If the reserved price is not met for a particular lot, the lot will go for a further round of bids
2.7 The items shall be bided for “as is” without testing
3.0 Collection of Bid Forms
4.1 Complete bid shall be submitted in sealed envelope and labeled “Item Name” at the top right hand corner, at the address as below and dropped in the appropriate Tender Box on or before 12.00 noon, March 19, 2012. Bidders may also come with their bid opening on or before 12.00 noon:
The General Manager (General Services)
Niger Delta Power Holding Company Ltd
No. 17 Nile street Maitama Abuja.
4.2 The closing date for the submission for bid is on or before 12:00 noon Monday March 19th, 2012. Bids will be opened at 12:30pm Monday March 19th, 2012 in the presence of bidders or their representatives who wish witness the opening.
4.3 All inquires should be directed to: The General Manager (General Services), Niger Delta Power Holding Company Ltd. 17 Nile Street, Maitama, Abuja.
5.0 Disclaimer
5.1 This announcement is published for information purpose only and does not constitute an offer by Niger Delta Power Holding Co Ltd to transact with any party for the disposal, nor does it constitute a commitment or obligation on the part of Niger Delta Power Holding Co Ltd to dispose the items.
5.2 Niger Delta Power Holding Co Ltd will not be responsible for any interested party(ies) in connection with any response to this invitation, inspection and or the preparation or submission in response to any inquiry.
5.3 Niger Delta Power Holding Co Ltd is not bound to award to any bidder and reserves the right to annual the disposal process at any time without incurring any liabilities and assigning any reason thereof.
5.4 Late bids shall not be accepted.
Signed
Niger Delta Power Holding Co. Ltd.
